We have advised Glankos Holdings Limited (Glankos) on its acquisition of O’Dwyer Steel (ODS), a renowned provider of structural steel fabrications and services. This acquisition is poised to enhance O'Dwyer Steel's status as a trusted supplier in the agricultural, industrial, and offsite manufacturing (OSM) sectors, aligning with its ambitious growth strategy.
Based in Tipperary and employing 90 people across Ireland and the UK, O'Dwyer Steel will retain all current staff post-acquisition. The company has also announced the appointment of Declan Hogan as Chief Financial Officer, bringing valuable strategic leadership to drive ongoing growth. Glankos has plans for substantial investment in O'Dwyer Steel's production facility, aiming to create new jobs and increase production capacity. This investment is specifically designed to meet the growing demand in the OSM market, particularly in the identified modular growth areas within the energy, pharma, and data services sectors.
Established in 1959, O'Dwyer Steel has developed into a leading supplier of CE-certified structural steel and cladding systems, expanding from its agricultural roots into the industrial and offsite construction markets. O'Dwyer Steel’s innovative OSM solutions are a key driver of its growth, streamlining the construction process and offering a sustainable, efficient approach that is increasingly essential in today’s market.
With this acquisition, Glankos aims to bolster O'Dwyer Steel's OSM capabilities, catering to the rising demand for sustainable construction methods. These plans include investing in advanced manufacturing technology, automation and sustainable practices, positioning O'Dwyer Steel as a leader in offsite construction and enhancing its international sector presence.
